In June, Blossom Manufacturing purchased 7 2 0 0 gallons of blue dye used to produce stone

Fantastic news! We've Found the answer you've been seeking!

Question:

In June, Blossom Manufacturing purchased

7200

gallons of blue dye used to produce stone

-

washed denim clothing. The price per gallon was $

1.22

and the company used

6600

gallons of the dye during the month. The standard price for the dye is $

1.25 .

What is the materials price variance for Blossom for June? Calculate.

Related Book For answer-question

Valuation The Art and Science of Corporate Investment Decisions

ISBN: 978-0133479522

3rd edition

Authors: Sheridan Titman, John D. Martin

See More Books

Posted Date: Jan 16, 2024 06:17 AM

See More Questions

What operational changes would you recommend to Wally to improve performance? Wally Meyer deftly balanced his office keys and a large printout of forecasting data as he wheeled his mountain bike...
The Windsor Oil Company is considering the construction of a new refinery that can process 12 million barrels of oil per year for a period of five years. The cost of constructing the refinery is $ 2...
The annual demand for liquor in a certain state is given by the following equation: QD = 500,000 20,000P Where P is the price per gallon and QD is quantity of gallons demanded per year. The supply...
Select the best answer. 1. A local chapter of the Society for Protection of the Environment beneted from the voluntary services of two attorneys. One served as a member of the Society's board of...
Lasser Company plans to produce 10,000 units next period at a denominator activity of 30,000 direct labor-hours. The direct labor wage rate is $12 per hour. The company's standards allow 2.5 yards of...
Graphite forms extended two-dimensional layers (see Fig. 3H.8). (a) Draw the smallest possible rectangular unit cell for a layer of graphite. (b) How many carbon atoms are in that unit cell? (c) What...
What are the various types of pulley used for flat belt?
In Fig. 29.23 the capacitor plates have area 5.00 cm2 and separation 2.00 mm. The plates are in vacuum. The charging current ic has a constant value of 1.80mA. At t = 0 the charge on the plates is...
HISTORY OF PSYCHOLOGY Note : Your answer to each question should be 200 words each questions , minimum. Chapter 4 is about the scientific beginnings of psychology. So, this...
A) Monday at 9:00 am B) Tuesday at 9:00 am C) Wednesday at 9:00 am Question #2 A) Monday at 9:00 am B) Monday at 2:00 pm C) Tuesday at 9:00 am D) Tuesday at 2:30 pm E) Wednesday at 9:00 am F)...
A company is adding an additional machine to increase its operating capacity for the next 12 years. As utilization of the new machine ramps up, the company will see changes in revenues, operating...
Solve this equation. 4 x + 7 = - 3 + 2 x + 1 4
A parallel-plate capacitor as shown in the figure below, with plates of area 2 cm (2 cm x 1 cm), separation of 1 cm, and free space between them, is charged by a 40-volt d.c. source that is kept...
Solve for u (u+3) = 2u-5u+37
2. This problem involves a MAUT assessment of local pizza joints. I don't know much about pizza in Westwood, so the scores below are made up. The various parts to the problem (on the next page) will...
Consider two firms A and B. Firm B supplies an input to firm A at price p, and firm A uses the input to produce a final output. The production of output requires the machines X and Y respectively....
5. There are three firms in the market for respirators and consumer demand is given by P = 300 - Q where Q = 91 +92 +93 is the total output in the market. The cost function of firm 1 and firm 2 is...
Under what conditions is the following SQL statement valid?
The Central and Southeast Power Company of Mobile, Alabama, is considering a new power plant that will allow it to switch between gas and oil. The company has a contract to provide it with gas for $...
Canton Corporation is a privately owned firm that engages in the production and sale of industrial chemicals, primarily in North America. The firms primary product line consists of organic solvents...
This problem utilizes information from Problem 10- 9 and requires that the LBO valuation model be constructed. Randy was happy with the anticipated results from the acquisition of Flanders Inc., but...
A Newtonian fluid with $\mathrm{SG}=0.8$ is forced through a capillary tube at a rate of $5 \mathrm{~cm}^{3} / \mathrm{min}$. The tube has a downward slope of $30^{\circ}$ to the horizontal, and the...
A liquid is draining from a cylindrical vessel through a tube in the bottom of the vessel, as illustrated in Figure P6.6 below. If the liquid has a specific gravity of 0.85 and drains out at a rate...
You must measure the viscosity of an oil that has an SG of 0.92 . To do this, you put the oil into a large container to the bottom of which a small vertical tube, $25 \mathrm{~cm}$ long, has been...

In June, Blossom Manufacturing purchased 7 2 0 0 gallons of blue dye used to produce stone

Question:

Expert Answer:

The detailed answer for the above question is provided below T... View the full answer

Valuation The Art and Science of Corporate Investment Decisions

Students also viewed these accounting questions